Protect Your Property: The Importance of Property Schedules

Piece of heavy road construction equipment is surrounded by storm-destroyed highway department garage building and other debris
When a storm rolls through, it is comforting to know that MCIT coverage provides the member with a financial cushion for all scheduled items.

Importance of Property Schedules

MCIT’s property coverage is broad, providing coverage to members when losses occur. A significant part of ensuring that coverage will respond when a member experiences a loss is having up-to-date property and auto schedules, as well as placing property in the best category for coverage.

View Property Schedules Online Now

Each member can view its current automobile, property, inland marine and canine schedules through the online member portal.

Property Claims

MCIT coverage is triggered when there is direct physical loss or damage to covered property as a result of a covered loss.

  • On average, MCIT handles nearly 262 property claims, costing approximately $3.1 million per year.
  • Since 2018, more than 44 members have experienced at least one major claim exceeding $50,000 in damage.
  • Six members have experienced a claim greater than $250,000 since 2018.

Cover of "Protect Your Property: Make the Most of MCIT Coverage" handout, showing various types of property including buildings, equipment and vehicles.Property is a significant exposure for members. Are you prepared for a loss?

Key Areas to Understand

Sample property schedule showing buildings, contents and property in the open items

Property Schedules: 

  • Basics of schedules
  • Basics of property valuations

Recommended Resources:


Exterior of traditional county courthouse

Statues representing the armed services ring a sidewalk outside of a county government building

Location Coverage:

  • Buildings
  • Contents
  • Property in the open
  • Valuation of property
  • Flood coverage extension
  • Equipment breakdown coverage
  • Builder’s risk coverage
  • Objects of fine art

Recommended Resource:


Public works employee seals a pavement crack on a highway. In the background is the crack seal equipment trailer.

IT professional works on a computer server

Inland Marine Coverage:

  • Contractors equipment
  • Miscellaneous personal property
  • Electronic data processing equipment
  • Cyber suite coverage
  • Valuations of items
  • Scheduling versus inventory

Recommended Resource:


County search and rescue truck and trailer parked along side of a street

Automobile Physical Damage Coverage:

  • This is optional coverage
  • Comprehensive coverage
  • Collision coverage

Recommended Resource:


Title screen for "Property Coverage Review" video

Additional Resources:


Portrait of MCIT risk management consultants Tom Suppes and Paul Hajduk
MCIT risk management consultants Tom Suppes and Paul Hajduk

Contact MCIT Risk Management Consultants

Members are encouraged to contact their MCIT risk management consultant with questions and concerns about MCIT coverage and scheduling property.